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Dec 28, 2012
12/12
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KPIX
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ben tracy visited one of america's new boomtowns. >> reporter: in the middle of a colorado cornfield, sandwiched between cattle and farmhouses, is the front line of an american oil boom. >> we plan to invest over $8 billion over the next five years here, so we're extremely excited. >> reporter: mike dickinson works for noble energy, which is doubling its production in weld county. this oil field stretches from colorado into wyoming. in 2008, it produced 83,000 barrels of oil, yet this year it is expected to reach nearly ten million barrels. how different is the technology that we're seeing here today versus what you were doing out here a couple of years ago? >> it's unrecognizable today compared to what we were doing just two or three years ago. >> reporter: oil companies used to mainly drill vertical wells, hitting one pool of oil. but now they are rapidly converting to horizontal wells up to a mile long and combining them with fracking operations which split open rocks, releasing oil once considered out of reach. and one drilling rigs can now install multiple wells in one location,
ben tracy visited one of america's new boomtowns. >> reporter: in the middle of a colorado cornfield, sandwiched between cattle and farmhouses, is the front line of an american oil boom. >> we plan to invest over $8 billion over the next five years here, so we're extremely excited. >> reporter: mike dickinson works for noble energy, which is doubling its production in weld county. this oil field stretches from colorado into wyoming. in 2008, it produced 83,000 barrels of oil,...
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Dec 29, 2012
12/12
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CNNW
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>> help find ben and henry cleary. and there is over 6,000 hits today. this is where we're posting all the updates. we're on it 24 hours a day, posting updates, new pictures and clues about where they might be. and there is also a twitter. and i believe -- is that up? >> do you know the address? i'll make sure, i put it out on twitter, as well, and i'll put it on facebook, as well, all right? >> and i'll give the twitter address, in just a second. >> so dan, it is palpable, everyone here in the studio can feel it. this mother is in pain. bring the kids home. just do the right thing, man. good luck. >> thank you very much. >> god bless you, all right, and come back and we'll talk about the good times when it happens, all right. >> thank you. >> we'll be right back. >>> whether we go over the fiscal cliff or not, the debt is a huge problem. and it is not just lawmaker's crisis, it is ours too, some americans are not waiting for politicians to fix it. kyung lah met somebody who is doing something about it. >> reporter: in his garage, garcia is waiting to fi
>> help find ben and henry cleary. and there is over 6,000 hits today. this is where we're posting all the updates. we're on it 24 hours a day, posting updates, new pictures and clues about where they might be. and there is also a twitter. and i believe -- is that up? >> do you know the address? i'll make sure, i put it out on twitter, as well, and i'll put it on facebook, as well, all right? >> and i'll give the twitter address, in just a second. >> so dan, it is...
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Dec 28, 2012
12/12
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WUSA
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nebraska democrat ben kesselon: >> if we don't have a deal within the next 24 hours, the question is, where do you buy a parachute? it looks like we'd be going over the cliff. >> reporter: but leader reid had this warning about the shape of a deal to come. >> everybody, whatever we come up with is going to be imperfect and some people aren't going to like it. some people will like it less, but that's where we are. >> reporter: up until now, reid and mcconnell have kind of been sitting on the sidelines as the president and speaker boehner tried but failed to come up with a deal. and it's kind of fitting that they're swooping in now at the last minute. that's exactly what they did during the debt crisis last summer, and the legislation they came up with, jeff, contributed to the fiscal cliff that we're facing right now. >> glor: the president says this just keeps happening again and again. nancy cordes, thank you. income taxes won't be the only taxes going up, if there's no agreement. estate taxes paid by those who inherit property will also jump. here's john blackstone. >> reporter: je
nebraska democrat ben kesselon: >> if we don't have a deal within the next 24 hours, the question is, where do you buy a parachute? it looks like we'd be going over the cliff. >> reporter: but leader reid had this warning about the shape of a deal to come. >> everybody, whatever we come up with is going to be imperfect and some people aren't going to like it. some people will like it less, but that's where we are. >> reporter: up until now, reid and mcconnell have kind...
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gun buying spree i've ever seen many gun retailers now quite cynically refer to the administration ben talk as the obama girl doing that's how good it's been for their business so how do you go from a president with a tough gun control agenda to someone gun dealers call the greatest gun sales man in america manufactures of semi-automatic rifles were reported that their market has grown thirty percent over the last four years based like north carolina iowa and you to have seen a one hundred percent increase in gun sales over the same period in the wake of the tragedy newtown one of the country's biggest ammunition suppliers said they sold more than three years worth of magazines in just three days although president obama himself has so far failed to act on his pledge to ban assault weapons he's worse have certainly provoked action just not the type he may have wanted for someone they say is against our. own a great job. maybe they should be a third term in order to sell even more weapons many dealers hype up the gone apocalypse scenario. and they would be very mentally. selling major s
gun buying spree i've ever seen many gun retailers now quite cynically refer to the administration ben talk as the obama girl doing that's how good it's been for their business so how do you go from a president with a tough gun control agenda to someone gun dealers call the greatest gun sales man in america manufactures of semi-automatic rifles were reported that their market has grown thirty percent over the last four years based like north carolina iowa and you to have seen a one hundred...
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Dec 29, 2012
12/12
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CNBC
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. >> i'm ben kaufman, and i founded quirky. >> and in february of 2012, ben kaufman showed us how he's helping inventors get some input online, using crowdsourcing to help turn an idea into a product that sells. >> thousands of people are looking at it. they're enhancing and refining each others ideas. >> the inventors, quirky, and the contributors all stand to take a cut each time a product gets on the market. now, kaufman is trying to give more inventors a chance. since our story first aired, investors have poured $68 million in new financing into quirky. that financing was led by andreessen horowitz -- remember andreessen? yeah, that's the netscape co-founder marc andreessen, a legendary inventor who sold his creation, the netscape browser, for more than $4 billion. creation, the netscape browser, for more than $4 billion. we'll be right back. [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain b
. >> i'm ben kaufman, and i founded quirky. >> and in february of 2012, ben kaufman showed us how he's helping inventors get some input online, using crowdsourcing to help turn an idea into a product that sells. >> thousands of people are looking at it. they're enhancing and refining each others ideas. >> the inventors, quirky, and the contributors all stand to take a cut each time a product gets on the market. now, kaufman is trying to give more inventors a chance....
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Dec 29, 2012
12/12
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CSPAN
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then i saw "ben franklin in paris" and this wonderful last scene where ben franklin stands up about how will i find those americans then. will they love liberty given it to their crib for nothing. if you are not free you are lost without hope. and are they willing to die for it? that is one question that you have to ask, are you willing to die for it and the answer must be, yes, sir, i would. that is why i was going to vietnam. i have never forgotten those words. >> there's another point where you talk about the civilians in washington seeing too many rambo movies. >> there was an element pressuring, i felt, for us to take action when we were not prepared to do that. and that, frankly, as early as november, i was called mccollum. >> general george mccollum. >> yeah, because they saw a civil war series where he sits outside and won't attack lee. so schwarzkopf was referred to him. >> who is they? >> i don't know. i mean it. everyone comes after me and says name names. you know why i don't know name? because colin powell had the good sense not to give it to me. people in the national secu
then i saw "ben franklin in paris" and this wonderful last scene where ben franklin stands up about how will i find those americans then. will they love liberty given it to their crib for nothing. if you are not free you are lost without hope. and are they willing to die for it? that is one question that you have to ask, are you willing to die for it and the answer must be, yes, sir, i would. that is why i was going to vietnam. i have never forgotten those words. >> there's...
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Dec 27, 2012
12/12
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FOXNEWSW
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and from the moment we met ben, outside of st. petersburg, russia, we fell in love. and we became family and now we don't know what our life would be without him. we're just like so many of the majority of the families who adopt from russia. we're regular people. he goes to school, plays sports. we're a family and we decided about a year ago we wanted to add another child to our family, so it was a national inclination to go back to russia and try to adopt again. >> i know that you want to adopt again from russia. it seems to me that now it appears vladimir putin will sign the bill and there will be at least for the time being, no more children adopted from russia to the united states. 46 kids are now in the pipeline to be hooked up with american parents. this is devastating for the children and parents. >> it's heartbreaking, there's three to four trips to russia. the third is where you go to a russian court and you go before a russian protecter, the judge looks over your paperwork and the paperwork is tremendous. between your home study and dawes yay, several hundr
and from the moment we met ben, outside of st. petersburg, russia, we fell in love. and we became family and now we don't know what our life would be without him. we're just like so many of the majority of the families who adopt from russia. we're regular people. he goes to school, plays sports. we're a family and we decided about a year ago we wanted to add another child to our family, so it was a national inclination to go back to russia and try to adopt again. >> i know that you want...
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Dec 27, 2012
12/12
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MSNBCW
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with me today, ben stein. steve cornaki is joining us, as well. president obama returned to washington moments ago, cutting short his christmas vacation. the president has now spoken with all four congressional leaders, according to the white house communications director he. the house remains on vacation, but there are a few signs of life in the capital. gop leaders have released a new statement with an old message to the senate. the ball is in your court. the statement says the house will take action on whatever the senate can pass, but the senate first must act. well, this morning, senate majority leader reid slammed the house republicans not not even showing up. >> if we go over the cliff, and it looks like that's where we are headed, the house of representatives as we speak with four days left after today before the first of the year aren't here with the speaker having told them they will give them 48 hours inside. i can't imagine their conscious. >> well, senator reid is expected to hold a news conference about the talks this afternoon. so h
with me today, ben stein. steve cornaki is joining us, as well. president obama returned to washington moments ago, cutting short his christmas vacation. the president has now spoken with all four congressional leaders, according to the white house communications director he. the house remains on vacation, but there are a few signs of life in the capital. gop leaders have released a new statement with an old message to the senate. the ball is in your court. the statement says the house will...
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Dec 26, 2012
12/12
by
KPIX
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ben tracy reports it's not the only thing they're buying. >> this is when all the -- >> scott meadows runs silenus vineyards in napa valley, and there's a good reason he put the american bald eagle on the bottle. >> it seems nationalistic. >> it does, doesn't it? >> that was a specific request for china. china is looking to bring parts of america to china. >> reporter: in 2010 this vineyard was for sale. chinese investors bought, it and now 90% of the wine from here, that's 9,000 cases, is shipped to china. >> what does a chinese company want with a vineyard in mappa valley? >> there's a big demand for luxury goods and goods that are scaries and well made. rather than buying chinese-made products and sending money over there, they're buying american-made products and sending their money back over here. >> the jobs stay here? >> the jobs stay here. >> reporter: chinese firms flush with cash have invested $16.4 billion in the u.s. in the past decade. $1.3 billion in california companies. a record $560 million in just the past year. the chinese are also boosting the golden faith housing
ben tracy reports it's not the only thing they're buying. >> this is when all the -- >> scott meadows runs silenus vineyards in napa valley, and there's a good reason he put the american bald eagle on the bottle. >> it seems nationalistic. >> it does, doesn't it? >> that was a specific request for china. china is looking to bring parts of america to china. >> reporter: in 2010 this vineyard was for sale. chinese investors bought, it and now 90% of the wine...
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Jan 3, 2013
01/13
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WUSA
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so we asked ben tracy to find out why. >> reporter: what has business been like? >> business has been hectic. >> reporter: aristotle rogel works at a gun store in burbank, california. walk-in business is up 20% this month. many customers are buying more than one gun. are your customers buying now because they're afraid they won't be able to buy later if there are new gun laws? >> absolutely. stock up. and hopefully nothing happens. >> reporter: california gun sales have steadily risen from 350,000 in 2002 to last year's record. recently, some gun owners are become worried that president obama's reelection and the newtown shooting would lead to more gun control. military-style weapons have become popular for target practice and self-defense. yet, despite the rise in gun sales here in california, there has not been a corresponding rise in gun deaths, or gun injuries. hospitalizations for gun injuries have actually dropped nearly 28%, and gun deaths by 15%. >> when i see the sales go up, i'm-- i'm-- i don't like that. my officers have to face these guns on the street
so we asked ben tracy to find out why. >> reporter: what has business been like? >> business has been hectic. >> reporter: aristotle rogel works at a gun store in burbank, california. walk-in business is up 20% this month. many customers are buying more than one gun. are your customers buying now because they're afraid they won't be able to buy later if there are new gun laws? >> absolutely. stock up. and hopefully nothing happens. >> reporter: california gun sales...
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Dec 27, 2012
12/12
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FBC
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let's begin with ben willis at the newscy. -- nyse. we had some bias coming in the last half hour. >> as long as washington keeps santa claus hostage we'll continue to see this. "the santa clause" rally hasn't appeared because it has been over this fiscal cliff. kudos on fox business for the headline of story coming out of washington congress will meet on sunday this coming weekend that. is definitely took us off our low. we had a major rally on that. 10 handles on the s.o.p.s we watched down here. it was a painful trade there for a couple of hours. ashley: ben, very quickly up until now the market hasn't really reacted to the fiscal cliff but seems today it really sort of kicked in. did the market get it wrong up to this point? >> the fear is we may have got it wrong. market as i've been saying for a while believes in fact we will have a resolution so we will not go over the cliff. the recent commentary maybe has been there will be a patch so we'll get it done by early january. the comments by mr. reid today. the ball was thrown into
let's begin with ben willis at the newscy. -- nyse. we had some bias coming in the last half hour. >> as long as washington keeps santa claus hostage we'll continue to see this. "the santa clause" rally hasn't appeared because it has been over this fiscal cliff. kudos on fox business for the headline of story coming out of washington congress will meet on sunday this coming weekend that. is definitely took us off our low. we had a major rally on that. 10 handles on the s.o.p.s...
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Jan 1, 2013
01/13
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FOXNEWSW
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byi big ben struck 12 in england as well. next to iran where military drills continue for a fourth straight day. iranian officials say their military tests fired a range of weapons yesterday including the new air defense system seen here. a scary scene in brazil rescue crashes right into the water. this is in rio de janeiro. they managed to make it out okay the swimmer was also saved a surfer. >> wow. >> oo in with the new year out with the old in the big apple. look at times square with the clean upfrom last night's new year's eve if he is tiffities is still underway. 2,000 pounds of confetti blew through the air after the ball dropped that means a good party but a lot of sweeping up to do. >> a look at how crews will tackle the cleanup. >>> good morning to you. these workers are unbelievable. i want them to come clean my apartment. you would barely know there was a party here last night. cleanup is well underway. many of the streets look very spiffy even a few hours after the huge party. it was a party that went off without
byi big ben struck 12 in england as well. next to iran where military drills continue for a fourth straight day. iranian officials say their military tests fired a range of weapons yesterday including the new air defense system seen here. a scary scene in brazil rescue crashes right into the water. this is in rio de janeiro. they managed to make it out okay the swimmer was also saved a surfer. >> wow. >> oo in with the new year out with the old in the big apple. look at times square...
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Dec 27, 2012
12/12
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KTVU
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douglas ben debtee found the ring. after the man and his wife left, that chain installer went looking for the lost jewelry along the quarter smile stretch where it was said to have slipped off. >> he wasn't wearing good clothing and he was using the light on his cell phone to look for it. i saw it, it was perfectly round and i knew i had the right ring. >> he says all he wants to do is get that ring back to the person who lost it, so that that person can pay the good deed forward to someone else. >> i have a feeling he's going to turn up. >> we need to see them and that ring eunite. >> if you're -- ring reunite. >>> definitely cold up there and they're putting chains up on 50 and 806789 it's cold and wet and we have more rain coming our way. not tomorrow, though. we go outside, live storm tracker do shows the sweeps going. this is shows where -- where you have snow, where you have ice, where you have rain and obviously you see the snow up in this area. this is more of an icy, slushy mix here. if we come in close, i can
douglas ben debtee found the ring. after the man and his wife left, that chain installer went looking for the lost jewelry along the quarter smile stretch where it was said to have slipped off. >> he wasn't wearing good clothing and he was using the light on his cell phone to look for it. i saw it, it was perfectly round and i knew i had the right ring. >> he says all he wants to do is get that ring back to the person who lost it, so that that person can pay the good deed forward to...
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Dec 30, 2012
12/12
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CNNW
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a nationwide search was under way to locate ben an henry. they were on a holiday trip with their father in tennessee. we were supposed to return to georgia december 24th but they never came back. during our live interview teresa sent a message to her son. >> children, please call mommy. you know my phone number. i have taught you how to do it. if daddy doesn't have a phone, you can ask anybody you see. anybody you see has a phone. remember my number and call mommy's number. you can ask people at stores. you can ask people at the gas station. you can ask people anywhere you see. you need to call mommy and vf at phone. they will help you. anybody will help you. call mommy. >> just minutes after that interview, the boys called their mother, told her that they were safe, and that they were in austin, texas. police there tell cnn that someone at a hotel recognized the boys from the amber alert and our program and they contacted police. >> the law enforcement community nationwide, we take these amber alerts seriously when it deals with kids, with
a nationwide search was under way to locate ben an henry. they were on a holiday trip with their father in tennessee. we were supposed to return to georgia december 24th but they never came back. during our live interview teresa sent a message to her son. >> children, please call mommy. you know my phone number. i have taught you how to do it. if daddy doesn't have a phone, you can ask anybody you see. anybody you see has a phone. remember my number and call mommy's number. you can ask...
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Dec 30, 2012
12/12
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CNNW
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memorable or unusual moments of 2012, what better way to look back than by bringing in a favorite comedian ben. a lot of topics, thank you for coming in. >> thank you for is having me. >> that is a nice ipad mini, can i get one? >> i got it from chelsea handler. >> what stood out to you? >> with bloomburg and gaga making out, no wonder thought the end of the world was coming. and pink slime, and filled with ammonia. and it still did not kill all the e. coli in it. so it was a bonus that they threw in. very weird, and lance armstrong of course he was cheating and giving his whole team blood transfusions during hotel rooms and with races. lance is a vampire, and women love vampires so that is probably why he got sherrill crow. i mean it was the wierdest year possible. and occupy wall street, until honey boo-bo came along. >> i do not get it. >> she is a train wreck. there's less issues involved, you do not have to know anything about politics to follow boo-boo. >> and she is making money for her family, and they will do well because of her. >> her mom is eating most of it. >> it was a big politi
memorable or unusual moments of 2012, what better way to look back than by bringing in a favorite comedian ben. a lot of topics, thank you for coming in. >> thank you for is having me. >> that is a nice ipad mini, can i get one? >> i got it from chelsea handler. >> what stood out to you? >> with bloomburg and gaga making out, no wonder thought the end of the world was coming. and pink slime, and filled with ammonia. and it still did not kill all the e. coli in it....
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Dec 28, 2012
12/12
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FBC
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congress -- republican congressman ben harper is joining me about that e-mail situation, congressman, do have you plans for lisa jackson to come before your committee to testify. >> i think we almost have a reserve parking place for lisa jackson on capitol hill for the many times she has appeared before our commity and others. and it is a great concern. i know that this is being looked at and it is amazing there could be 12,000 e-mails perhaps more, that will shed some light on this. but tom, one thing i can assure you, i would almost rest assure there is no one using a private e-mail account for official business today. so, as we get to the bottom of what is taking place with lisa jackson. tom: i am looking at a letter sense out today by committee of science, space and technology, they are talking about a man in department of energy, running the loan gar abty program who was using private e-mail accounts and office of science and technology, technology officer there conducting business with a private e-mail account, how widespread do you believe this is? >> you have to say how many p
congress -- republican congressman ben harper is joining me about that e-mail situation, congressman, do have you plans for lisa jackson to come before your committee to testify. >> i think we almost have a reserve parking place for lisa jackson on capitol hill for the many times she has appeared before our commity and others. and it is a great concern. i know that this is being looked at and it is amazing there could be 12,000 e-mails perhaps more, that will shed some light on this. but...
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Dec 27, 2012
12/12
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FBC
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stop printing money, ben bernanke. adam: that is all the time we have got for you today. "the willis report" is next, have a great thursday. gerri: tonight get ready, folks. we arwe're going over the fiscal cliff and lawmakers are just picturing about it, they are not trying to fix it. we have some great ideas to fix the fiscal cliff blues. try flying first class and don't pay for it. welcome to "the willis report." hello, everybody. i am gerri willis. tonight congress is pushing america up a fiscal cliff of its own making. president obama and the senate back in washington today trying to get some kind of a deal done, that is what they say, but nothing will likely come in time. harry reid spent the day moaning about how bad of a speaker john boehner is good the house is set to return sunday afternoon just one day before the end of the year. nearly 90% of americans will be hit with $500 billion in tax hikes and spending cuts. as we head off a cliff, what can you and your family expect come january 2? president of the american action reform joins me now. so, windows narrowi
stop printing money, ben bernanke. adam: that is all the time we have got for you today. "the willis report" is next, have a great thursday. gerri: tonight get ready, folks. we arwe're going over the fiscal cliff and lawmakers are just picturing about it, they are not trying to fix it. we have some great ideas to fix the fiscal cliff blues. try flying first class and don't pay for it. welcome to "the willis report." hello, everybody. i am gerri willis. tonight congress is...
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Jan 1, 2013
01/13
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CSPAN2
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targeted, hated columnist whose home came this close to being destroyed by a mob of patriots because ben franklin showed sentiments of moderation in compliance with the stamp act. he appointed a friend of his to be a stamp master and those sentiments of compliance and moderation come through in the newspapers. for instance benjamin franklin printed the pennsylvania gazette in 172-92-1748. for the next 16 years until 1758 he remained a business partner wear on the back of every pennsylvania gazette it's filled with his name printed by d. franklin and dee hull. while he didn't, was inactive in the daily printing business, it still carried his name and that pennsylvania gazette was one of the first principles texts of the stamp that. that in sylvania cassettes just a few weeks later was also advertising for franklin's poor richman almanacs which in the 1776 edition were promoting is having the fold text of the stamp act which all columns should be familiar with because it will affect you all. there in those newspapers accompaniments you start to see sentiment of moderation. also the boston
targeted, hated columnist whose home came this close to being destroyed by a mob of patriots because ben franklin showed sentiments of moderation in compliance with the stamp act. he appointed a friend of his to be a stamp master and those sentiments of compliance and moderation come through in the newspapers. for instance benjamin franklin printed the pennsylvania gazette in 172-92-1748. for the next 16 years until 1758 he remained a business partner wear on the back of every pennsylvania...
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Dec 31, 2012
12/12
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MSNBCW
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chief economic correspondent for politico, ben white. jen bendry of the huffington post. partisan ranker and frustration all around, we've arrived at the fiscal cliff. the senate, which was expected to hold an up and down vote on a final bare bones budget deal last night wasn't quite able to make it happen. harry reid gave us problem or lack thereof. >> there are two sides still apart, and negotiations are continuing as i speak. there's still more before we can bring ledges laying to the floor. what else is new? can anyone save this congress from itself? turns out the new man responsible is vice president joe biden. yep. that's right. joe biden is the latest person to be called on to try to get congress out of the straight jacket they've put themselves in. the vp and senate minority leader mitch mcconnell exchanged phone calls until midnight last night and again this morning, and appeared to be zeroing in on a tax rate compromise in the region of a $450,000 to $550,000 threshold. a higher rate than the president's earlier compromise as well as an agreement on the estate t
chief economic correspondent for politico, ben white. jen bendry of the huffington post. partisan ranker and frustration all around, we've arrived at the fiscal cliff. the senate, which was expected to hold an up and down vote on a final bare bones budget deal last night wasn't quite able to make it happen. harry reid gave us problem or lack thereof. >> there are two sides still apart, and negotiations are continuing as i speak. there's still more before we can bring ledges laying to the...
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Dec 29, 2012
12/12
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FBC
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gary says "more stone walling on ben gi sai? we'll never know the truth, will we?" i think we will. it may take time, but we will. that moments ago, president obama saying he still has hope. >> i'm optimistic we may still be able o reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> and as we speak, rich edson is live in washington with the very latest. >> well, it's up to the senate. staffers and a majority leader harry reid, minority leader mitch mcconnell are trying to negotiate a scaled-down debt deal to avoid some of the fiscal cliff and take other major decisions on taxes and spending to the future. again, in an afternoon white house meeting president obama pitch a debt plan he had outlined a week ago, prevent a tax increase for income of less than to an effective thousand dollars per year and extend long-term unemployment benefits. senate leaders are using that framework to try to craft a proposal to pass both houses of congress. aides say it would likely increase the threshold for tax increases, r
gary says "more stone walling on ben gi sai? we'll never know the truth, will we?" i think we will. it may take time, but we will. that moments ago, president obama saying he still has hope. >> i'm optimistic we may still be able o reach an agreement that can pass both houses in time. senators reid and mcconnell are working on such an agreement as we speak. >> and as we speak, rich edson is live in washington with the very latest. >> well, it's up to the senate....
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Dec 29, 2012
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. >>> some other films to watch, ben affleck's nail-biter "argo." also scored a best picture golden globe nomination. the critics have been raving about his directorial performance. listen to what he told me drew him to this project. >> i wanted to make a movie about people who sacrificed for their country were more grounded and realistic. what it cost them in their marriage, they never see their kids, they can't tell their family where they're going or when they'll be home. the uncertainty they have. will i ever come back? will i die overseas? >> and this isn't affleck's first time directing, he directed "gone baby gone" in 2007 and "the town." >> doc, she's crazy. >> and if you're in the mood for something more comedic, check out "silver linings playbook" which co-stars bradley cooper and robert de niro. lots of stars to watch, so many movies to see. get the popcorn ready. alison, christi? >> thanks, kareen. >>> so what do anderson cooper, kathy griffin, and nude pictures on a couch have in common? >> i don't think i want to know. >> why is it our
. >>> some other films to watch, ben affleck's nail-biter "argo." also scored a best picture golden globe nomination. the critics have been raving about his directorial performance. listen to what he told me drew him to this project. >> i wanted to make a movie about people who sacrificed for their country were more grounded and realistic. what it cost them in their marriage, they never see their kids, they can't tell their family where they're going or when they'll be...
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. >>> ben in pennsylvania. jim, i'm a new home gamer and a question regarding takeover bids. an i deal time when a company gets a takeover bid? i like to ring it immediately. immediately. because i am not an arbiter, and you shouldn't be either. we need to look for the next big win. tweets, this one fro from @kendoggie. i'm just starting a portfolio, better to buy one full position at a time or smaller amounts of all five at once? absolutely the latter, one of the things when are you just starting, i mean, it just happens to be the luck of the draw here. everybody just started immediately the first thought, went down very big this is an insurance plan against that happening to you. so no, i don't want you buying all at once. buy in stages. okay, this one from @motorrat. how do you determine target prices for action alerts.com portfolio. my charitable trust. stephanie link and i talk about it constantly. we try to figure out where we think the stock would be too expensive. peg ratio or price to earnings mobile ratio, and we are afraid we'll start giving things back. if the fun
. >>> ben in pennsylvania. jim, i'm a new home gamer and a question regarding takeover bids. an i deal time when a company gets a takeover bid? i like to ring it immediately. immediately. because i am not an arbiter, and you shouldn't be either. we need to look for the next big win. tweets, this one fro from @kendoggie. i'm just starting a portfolio, better to buy one full position at a time or smaller amounts of all five at once? absolutely the latter, one of the things when are you...
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a lot of people say the ben bernanke rally. plugging money into the economy, but also a lot of regular people and hedge fund managers, pull out. so you might have missed it. >> a lot higher -- >> i should check it more often. docs don't check stuff this often. >> we can help each other, my friend. you keep us healthy, we'll make you rich. >>> second of state is spending new year's eve in the hospital, sadly. because of a blood clot. the latest on her condition, just ahead. >>> and the kardashian clan about to get bigger. kim's big announcement. watch us any time at your desk top or mobile phone, go to cnn.com/tv. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for
a lot of people say the ben bernanke rally. plugging money into the economy, but also a lot of regular people and hedge fund managers, pull out. so you might have missed it. >> a lot higher -- >> i should check it more often. docs don't check stuff this often. >> we can help each other, my friend. you keep us healthy, we'll make you rich. >>> second of state is spending new year's eve in the hospital, sadly. because of a blood clot. the latest on her condition, just...
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gary says "more stone walling on ben gi sai? we'll never know the truth, will we?" i think we will. it may take time, but we will. that leave off. gerri willis is up nexto explain all this for you. have a great weekend, everybody. gerri: hello, everybody, president obama calling on congress just moments ago asking to avoid the fiscal cliff. he said he is moderately optimistic that a deal could be done by december 31. congressional leaders are working on crafting a bill. certainly no grand bargain here that would improve entitlements. if they can't get a deal, the president has told harry reid to put the white house proposals up for an up or down vote. the details just keep on coming out. with us now are two guests. first, we are going to go rich edson. he is here with the very latest. tell us what you made of the president's comments. he was very direct. reporter: he ws. and now he passes on to the senate. senate majority leader harry reid, senate minority leader mitch mcconnell. they are trying to come up with something that can pass the house and the senate. the president laid out
gary says "more stone walling on ben gi sai? we'll never know the truth, will we?" i think we will. it may take time, but we will. that leave off. gerri willis is up nexto explain all this for you. have a great weekend, everybody. gerri: hello, everybody, president obama calling on congress just moments ago asking to avoid the fiscal cliff. he said he is moderately optimistic that a deal could be done by december 31. congressional leaders are working on crafting a bill. certainly no...
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and candy, if you don't mind, that reminds me of something that i heard from senator ben nelson. if we can, let's play that sound bite from a few hours ago. we don't have that sound bite ready at the moment. i'm sorry about that. what senator nelson said was the next 24 hours are the window if something doesn't happen in this next day, then there may be no chance of getting a fiscal cliff deal by january 1st. so that's along the lines of what senator reid is also saying. here we are, critical hours yet again. >> they are running out of days, as you know. we'll get back to you when you get that statement from senator mcdonnell. thanks so much. >> you got it. >>> cnn's chief correspondent ali velshi has a lose closer look at how lawmakers and president obama got themselves in this mess in the first place. >> now we've passed a bold package of tax relief for america's families and businesses. >> it starts more than a decade ago when then president george w. bush initiated a series of tax cuts for all americans but it's a deal with the devil. the cuts, which are politically expedient
and candy, if you don't mind, that reminds me of something that i heard from senator ben nelson. if we can, let's play that sound bite from a few hours ago. we don't have that sound bite ready at the moment. i'm sorry about that. what senator nelson said was the next 24 hours are the window if something doesn't happen in this next day, then there may be no chance of getting a fiscal cliff deal by january 1st. so that's along the lines of what senator reid is also saying. here we are, critical...
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. >> reporter: ann and curt from atlanta rushed in 2007 overjoyed to adopt ben. >> you have gotten to be a big boy. >> with a headful of hair. >> i know. like daddy's. >> reporter: a relationship that took nearly a year to get started. >> a million pieces of paper. it's -- you laugh about it but it is quite an intensive process. >> reporter: now, at home, ben just turned 7. very much an all-american boy. >> how about some milk? >> i hate milk. >> you hate milk. >> reporter: celebrating the holidays. last christmas aadopted a second russian child and prepared to work through the sticky wheels of bureaucracy again and now politics threatening to derail the dream entirely. russian president vladimir putin angry about a new american law targeting russian human rights violators today banned all adoptions to america. some russian lawmakers have been trumpeting the cases of which kids were hurt in the states like one in virginia four years ago when a child died after accidentally left in a hot car. though the father was found not guilty of involuntary manslaughter. >> there really is a great
. >> reporter: ann and curt from atlanta rushed in 2007 overjoyed to adopt ben. >> you have gotten to be a big boy. >> with a headful of hair. >> i know. like daddy's. >> reporter: a relationship that took nearly a year to get started. >> a million pieces of paper. it's -- you laugh about it but it is quite an intensive process. >> reporter: now, at home, ben just turned 7. very much an all-american boy. >> how about some milk? >> i hate...
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tom ronafaruhar and ben white. plus, one man could hold the key to a successful second term for president barack obama. senator jeff murphy will join us to explain why before the senate does anything, it has to reform the fill la buster. and we will look at this debate that has been prompted by the movie "zero dark 30" with professor, author, and emmy award winner. all that starts in just three minutes.
tom ronafaruhar and ben white. plus, one man could hold the key to a successful second term for president barack obama. senator jeff murphy will join us to explain why before the senate does anything, it has to reform the fill la buster. and we will look at this debate that has been prompted by the movie "zero dark 30" with professor, author, and emmy award winner. all that starts in just three minutes.
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i think ben should take that senate position that's open. he proves that he is just a consummate showman in this movie. everything about this movie is real. absolutely real. fetishistically real, except for the clie mamax which is straight of a hollywood cliff hanger from the 1920s. but it's a treficily entertaining movie. and it shows you how much we didn't know way back when. >> i know, i remember as a side story, what a great role the canadian ambassador played. it looked like him. anyway, now back to politics and bull murray's portrayal of f.d.r. and his relationship, i never knew about it, with his cousin daisy while welcoming in king and queen of england before world war ii. let's watch a bit of it. park on hudson." let's watch a bit of it. >> you were unfortunately tonight, young man. >> what do you mean? >> just what i said. you were graceful. you were confident. you're going to be a very fine king. >> i don't know what to say. >> your father would be very proud. >> i'm not so certain about that. >> if i were your father, i'd be prou
i think ben should take that senate position that's open. he proves that he is just a consummate showman in this movie. everything about this movie is real. absolutely real. fetishistically real, except for the clie mamax which is straight of a hollywood cliff hanger from the 1920s. but it's a treficily entertaining movie. and it shows you how much we didn't know way back when. >> i know, i remember as a side story, what a great role the canadian ambassador played. it looked like him....
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. >>> from nra dodge ball to ben affleck here's the top lines. >> merry christmas everybody. >> remember the five ds of dodge ball. >> could cow conceive guns could be part of the problem? >> what kind of gun is this? >> is that a dodge? >> dodge, duck, dip, dive, and die. >> a lot of people were frankly shocked by your presentation. >> what you just said is one of the most insanely idiotic things i've heard. >> you have to conceive it may not work. >> if it's crazy to call for putting police and armed security in our school to protect our children, then call me crazy. >> you're crazy, man. you're crazy. so here's a magazine for ammunition that carried 30 bullets. >> i know what you're thinking. did he fire six shots or only five? >> you want one more law on top of 20,000 laws when most of the federal gun laws are. >> enough. >> enough. >> demand a plan. >> right now. >> i need your help. i do. i have a great fondness and admiration for the political process. >> you can never ask me about what it is and we're going to hurt people. >> i'm happy being involved from the outside in governmen
. >>> from nra dodge ball to ben affleck here's the top lines. >> merry christmas everybody. >> remember the five ds of dodge ball. >> could cow conceive guns could be part of the problem? >> what kind of gun is this? >> is that a dodge? >> dodge, duck, dip, dive, and die. >> a lot of people were frankly shocked by your presentation. >> what you just said is one of the most insanely idiotic things i've heard. >> you have to conceive...
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at this point ben bernanke isn't rumplestiltskin. even if this cliff deal is inacted, we'll say good luck in a month with the debt ceiling. in terms of the real economy and stocks, profits importantly have benefited tremendously in recent years from lower interest expense and low growth wage. so at some point the tail winds are going to end. >> you guys were expecting 5% in stocks for 2012, obviously the s&p 500 has done 11.5% heading into today with a whole slew of issues that have been facing us. has that surprised you what the market has been has resilient as it has been given a long list of laundry issues? it is not like your tune has changed here. you guys have been on the steady, more droward drum beat and they just have not panned out that way. >> well, we forecasted 5% in the bond market, although the total return fund is done 10% plus. the 10% plus in the stock market has come at the cast of ben bernanke and the check writing. to the extent that continues, you'll see money move out from bonds into risk assets and i think tha
at this point ben bernanke isn't rumplestiltskin. even if this cliff deal is inacted, we'll say good luck in a month with the debt ceiling. in terms of the real economy and stocks, profits importantly have benefited tremendously in recent years from lower interest expense and low growth wage. so at some point the tail winds are going to end. >> you guys were expecting 5% in stocks for 2012, obviously the s&p 500 has done 11.5% heading into today with a whole slew of issues that have...
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. >> reporter: take ben stiller. he gets attention for his foundation stiller strong by producing hilarious videos. >> matt damon, he claimed water. how do you claim water? aqua man? >> reporter: consider this. damon talks about water on youtube, 4,000 hits. this video with sarah silverman -- viral. damon says his strong suit is getting people to care. >> because there's a lot of kind of low-hanging fruit, so to speak. there are so many people that we can help. >> reporter: do you see a solution in your lifetime? >> yes, we do. in fact, that's why we're here. >> alina cho joins me now from new york. alina, how many people in countries as water.org been able to help? >> reporter: it's pretty extraordinary. water.org actually has active programs in 11 countries. matt damon tells me they've helped 1 million people so far around the world get affordable loans. and he says this whole idea of water credit, so giving people affordable loans so they can get a faucet, they can get a toilet, is really working. they don't have
. >> reporter: take ben stiller. he gets attention for his foundation stiller strong by producing hilarious videos. >> matt damon, he claimed water. how do you claim water? aqua man? >> reporter: consider this. damon talks about water on youtube, 4,000 hits. this video with sarah silverman -- viral. damon says his strong suit is getting people to care. >> because there's a lot of kind of low-hanging fruit, so to speak. there are so many people that we can help. >>...
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as ben tracey reports, investors from china are putting billions of dollars into american business to meet the increasing chinese demand for u.s. products. >> reporter: scott meadows runs ss silenus vineyards in california. there's a reason he put the bald eagle on the bottle. >> that was a specific request from the owners in china. >> reporter: chinese investors bought it and now 90% of the wine from here that's 9,000 cases, is shipped to china. what does the chinese want with a vineyard in nappa valley. >> there's a big demand for goods that are scarce. they're buying american-made products and sending their money back over here. >> reporter: and the jobs stay here. >> and the jobs stay here. >> reporter: they have invested $16.4 billion in the u.s. in the past decade. $1.3 billion in california companies, a record $560 million in just the past year. the chinese are also boosting the golden state's housing recovery. they've bought one out of every ten homes sold in the past year. >> compared to the high end housing like in beijing, this is not that expensive. >> reporter: di mi nebr
as ben tracey reports, investors from china are putting billions of dollars into american business to meet the increasing chinese demand for u.s. products. >> reporter: scott meadows runs ss silenus vineyards in california. there's a reason he put the bald eagle on the bottle. >> that was a specific request from the owners in china. >> reporter: chinese investors bought it and now 90% of the wine from here that's 9,000 cases, is shipped to china. what does the chinese want...
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and we all remember the wonderful comment by ben franklin -- i will paraphrase it -- but essentially ben franklin said that if you give up your liberty to have security, you really don't deserve either. and so we owe it to the hardworking men and women in the intelligence community to work closely with them to find that kind of balance that ben franklin was talking about, and we can help them do it by conducting robust oversight, roy bust oversight -- robust oversight over the work that's being done there so that members of the public can have confidence in the important work being done by the men and women in the intelligence community and confidence that, as we protect our security at a dangerous time, we are also protecting the individual liberties of our people. now, mr. president, the story with respect to this debate really begins in early america when the colonists were famously subjected to a lot of taxes by the british government. the american colonists thought thathat this was unfair because they were not represented in the british parliament, and they argued that if they w
and we all remember the wonderful comment by ben franklin -- i will paraphrase it -- but essentially ben franklin said that if you give up your liberty to have security, you really don't deserve either. and so we owe it to the hardworking men and women in the intelligence community to work closely with them to find that kind of balance that ben franklin was talking about, and we can help them do it by conducting robust oversight, roy bust oversight -- robust oversight over the work that's being...
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ank you. >> i'm ben hopkins. i'm from argentine sou wales. now, i understand that there are other issues we have been talking about today that some people perceive as even more important than the national minimum wage. for example, education, employment, but i ask you, members of the youth parliament. what are we before employees? before apprentices? we are people. we are human beings. we are all human beings. no matter what age, be we 18 or 38. don't we all then deserve the same minimum wage? because how can we solve problems that require -- how do we sort out problems to do with citizens of the uk. when we can't sort out issues that have to do wh human beings. ank you very much. >> how about hearing from a woman from the southeast. who have we got some you have tried several times. please. >> from sou totingham, sir we look up in disgunfight and disbelief at discrimination. the u.s. after the civil war, racism. britain in the 180000s, sexism. it wasn't until someone had the initiative to stand up and say, this is wrong, that discrimination
ank you. >> i'm ben hopkins. i'm from argentine sou wales. now, i understand that there are other issues we have been talking about today that some people perceive as even more important than the national minimum wage. for example, education, employment, but i ask you, members of the youth parliament. what are we before employees? before apprentices? we are people. we are human beings. we are all human beings. no matter what age, be we 18 or 38. don't we all then deserve the same minimum...
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>> from the moment we met ben outside of st. peter's, russia, we fell in love. >> and tensions escalate between the u.s. and russia after putin tells americans he won't let them adopt russian children. could this be the start of a new cold war? caution, you are about to enter the no spin zone and "the factor" begins right now. ♪ >> laura: thanks for watching us tonight. late yesterday, supreme court justice sonia sotomayor denied an appeal to temporarily delay the obama care contraception mandate. it requires workers health benefit plans to cover the morning after pill and other emergency contraceptions. in september is, hobby lobby a chain of more than 500 arts and crafts stores and its sister company of christian themed book stores sued the government claiming it violated the religious rights of the company's other thans, evangelical christians. they requested emergency relief from the emergency contraception mandate after a lower court denied their request for a religious exemption. the into you rule goes into effect on new
>> from the moment we met ben outside of st. peter's, russia, we fell in love. >> and tensions escalate between the u.s. and russia after putin tells americans he won't let them adopt russian children. could this be the start of a new cold war? caution, you are about to enter the no spin zone and "the factor" begins right now. ♪ >> laura: thanks for watching us tonight. late yesterday, supreme court justice sonia sotomayor denied an appeal to temporarily delay the...
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there's obviously the belief something's got to happen but better be sooner than later. >> ben's got to have a better new year's resolution than that. >> i like it. that and eat more broccoli. >> he's laughing because it's the truth. >> thank you, nicole. >> i have to think of the new year's resolution. >> that's one of them, never to say that again. five days to go before we go over the fiscal cliff which i'm not saying after january 1st, americans are concerned about the threat. 50% of the surveyed believe we'll get a deal. 48% say that we're going to run out of time. there's a big chance -- that's a change from ten days ago when 57% thought we'd have a deal and 40 #% thought it was over the cliff. gerri willis is here of "the willis report," why are we just now waking up? >> if you were somebody who didn't have to talk about the every day, would you pay attention to it whatsoever? i don't think so. people are just tuning in. the question is, of course, like what can we do about it? right now, the president makes his way back from hawaii today and tonight. the house, we don't know
there's obviously the belief something's got to happen but better be sooner than later. >> ben's got to have a better new year's resolution than that. >> i like it. that and eat more broccoli. >> he's laughing because it's the truth. >> thank you, nicole. >> i have to think of the new year's resolution. >> that's one of them, never to say that again. five days to go before we go over the fiscal cliff which i'm not saying after january 1st, americans are...
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ben bernanke says look, i will spend $45 billion each and every month buying mortgages so that the interest rate on mortgages stays very, very low. that is entirely separate from fiscal cliff, totally separate from the debt ceiling crisis. i don't think, patti anne, you will have any impact on mortgage rates despite the crisis that is upon us. patti ann: that is good news for us. stuart varney, thank you as always. >> thank you. gregg: the debt ceiling first established in 1917. since then the debt limit has been raised 102 times, congress voted to raise the debt limit, 11 times since 2001. right now the national debt is over 16 trillion dollars and counting every second. there it is. patti ann: meanwhile hopes of a budget deal in washington and higher home prices are combining to send the price of oil back up again. heating oil rising four cents to more than $3 a gallon. wholesale gasoline rising six cents to $2.78 a gallon. current national average is $3.26. national gas up 4 cents to 3.38 for 1000 cubic feet. gregg: we are taking a dangerous winter storm blamed for nine death at this hou
ben bernanke says look, i will spend $45 billion each and every month buying mortgages so that the interest rate on mortgages stays very, very low. that is entirely separate from fiscal cliff, totally separate from the debt ceiling crisis. i don't think, patti anne, you will have any impact on mortgage rates despite the crisis that is upon us. patti ann: that is good news for us. stuart varney, thank you as always. >> thank you. gregg: the debt ceiling first established in 1917. since...
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ben bernanke was the chairman of the federal reserve. tim geithner it was the head of the federal reserve. i cannot remember whether ben bernanke's term is coming up in 2014. there is talk that tim geithner may be the next fed chair. it is quite likely we will have a new fed chair some time during obama's second term. host: when you say chatter, is this the white house getting that out to reporters? guest: like wall street, people talk. if ben bernanke were to leave the fed, tim geithner would be a natural candidate. it would be natural he would be considered. whether he would be interested in obama would be interested, we would have to cross that bridge when we come to it. host: john kerry is the official nominee. what challenges does he face? guest: susan rice opted out and sent a letter to obamas saying she did not want to be considered because her nomination might become divisive in the senate. president obama turned to senator john kerry. he was the 2004 presidential democratic nominee. he has extensive experience. i do not think he
ben bernanke was the chairman of the federal reserve. tim geithner it was the head of the federal reserve. i cannot remember whether ben bernanke's term is coming up in 2014. there is talk that tim geithner may be the next fed chair. it is quite likely we will have a new fed chair some time during obama's second term. host: when you say chatter, is this the white house getting that out to reporters? guest: like wall street, people talk. if ben bernanke were to leave the fed, tim geithner would...
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. >> and lastly, i'll just ask you, what is the level of disappointment that ben affleck is not going to run in the state of massachusetts or the commonwealth of massachusetts? >> i knew that one was coming. well, hey, you know, we were all surprised. we either heard jones that he was going to run and suddenly people were taking it seriously and he posted on his facebook page a rather serious posting that said, you know, i'm not going to do it but i'm ownered and thank you. i think there's a little bit of disappointment. certainly he would have had that star quality. but we'll move on to the next guy. >> yeah. i think that would have probably been the two best looking guys in the history to run against each other. thank you so much for joining us. >> thanks. >> the dysfunction of this honor may very well carry over in the 113th session with few signs that either democratic or republican leaders can strike a basic bargaining agreement, let alone a grand bargain. former congressman martin frost 06 texas and david winston, former gingrich campaign adviser, he was auto member of the speak
. >> and lastly, i'll just ask you, what is the level of disappointment that ben affleck is not going to run in the state of massachusetts or the commonwealth of massachusetts? >> i knew that one was coming. well, hey, you know, we were all surprised. we either heard jones that he was going to run and suddenly people were taking it seriously and he posted on his facebook page a rather serious posting that said, you know, i'm not going to do it but i'm ownered and thank you. i think...
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cbs news reporter ben tracy has more. >> this is the busy time of year. >> absolutely. this is when all the games come in. >> reporter: scott meadows runs salinas vineyards in california's napa valley and there's a good reason he put that american bald eagle on the bottle. seems kind of nationalistic. >> that was a specific from our chinese owners. china overall is looking to bring parts of america to china. >> reporter: in 2010, this vineyard was up for sale. chinese investors bought it and now 90% of the wine from here that's 9,000 cases -- is shipped to china. what does a chinese company want with a vineyard in napa valley? >> there's a big demand in china for luxury goods for goods that are scarce and for goods that are well made. so rather than buying chinese- made products and spending our money over there, they're buying american made products and sending their money back over here. >> reporter: on the jobs stay here? >> and the jobs stay here. >> reporter: rich chinese firms have investigated billions in the u.s. 1.3billion in california companies. a reported $5
cbs news reporter ben tracy has more. >> this is the busy time of year. >> absolutely. this is when all the games come in. >> reporter: scott meadows runs salinas vineyards in california's napa valley and there's a good reason he put that american bald eagle on the bottle. seems kind of nationalistic. >> that was a specific from our chinese owners. china overall is looking to bring parts of america to china. >> reporter: in 2010, this vineyard was up for sale....
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ben bernanke is a republican. also that for the president and the administration and congress's housing program? we have 160. what works better? stuart: neither. >> if you look at housing and what has happened in the last couple years we saw the double dip because the government got involved for the first-time home buyer tax credit. that is the trip to the bottom. i think it doesn't work but i say that given -- this year from the government programs we have seen actually done some good. it has taken five years. stuart: you have destroyed my argument that a single family home is the best investment you can make. >> i still think it is. a long-term investment, looking to buy -- aasolutely not. stuart: cheapest assett. good stuff. thanks for joining us. come again soon. we are indeed the most generous nation in the world the tax deductions for those donations could come to an end or be restricted. we will deal with that in a moment. ♪ [ indistct shouting ] [ malennouncer ] time and sales data. split-second stats. [
ben bernanke is a republican. also that for the president and the administration and congress's housing program? we have 160. what works better? stuart: neither. >> if you look at housing and what has happened in the last couple years we saw the double dip because the government got involved for the first-time home buyer tax credit. that is the trip to the bottom. i think it doesn't work but i say that given -- this year from the government programs we have seen actually done some good....
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Dec 27, 2012
12/12
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ben bernanke has already said he does not care how much inflation hits. >> you know, i just believe we are in a holding action until we resolve these immediate political problems. i agree with you was. this is a political crisis first and foremost. it is a weak economy. getting weaker. bond yields are going down. i think what peter speaks of is certainly possible in the near future. perhaps, the more distant future. bottom line, i expect more softening and a lack of confidence. >> the fact of the matter is, big government is very expensive. we need much higher taxes on the middle class. not on the rich, on the middle class. if they do not want to get stuck with this bill, we better start slashing -- [talking over each other] liz: we have to leave it there. thank you very much. really appreciate it. heading north for the winter. canada needs workers. out of work americans are happy to oblige. this is really an amazing story. oil is now trading just north of $90 a barrel. just down a fraction of a point. we will be right back. ♪ liz: welcome back. things are calming down from yesterday
ben bernanke has already said he does not care how much inflation hits. >> you know, i just believe we are in a holding action until we resolve these immediate political problems. i agree with you was. this is a political crisis first and foremost. it is a weak economy. getting weaker. bond yields are going down. i think what peter speaks of is certainly possible in the near future. perhaps, the more distant future. bottom line, i expect more softening and a lack of confidence. >>...